LEASES (Tables)
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12 Months Ended |
Mar. 31, 2026 |
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| Leases [Abstract] |
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| Schedule of Right-of-use Asset, Lease Liability Balances and Lease Cost |
Right-of-use assets and lease liabilities balances consist of the following (dollars in thousands): | | | | | | | | | | | | | | | | | | | | | | March 31, 2026 | | March 31, 2025 | | Right-of-use assets included in other assets, net | | $ | 16,159 | | | $ | 19,341 | | | Short-term lease liabilities included in other accrued expenses | | $ | 9,667 | | | $ | 9,351 | | | Long-term lease liabilities included in other liabilities | | $ | 19,898 | | | $ | 26,939 | | | | | | | | Supplemental balance sheet information: | | | | | | Weighted average remaining lease term | | 3.5 years | | 4.5 years | | Weighted average discount rate | | 5.5 | % | | 5.4 | % |
The components of lease cost, net for the twelve months ended March 31, 2026 and 2025, respectively, were as follows (dollars in thousands): | | | | | | | | | | | | | | | | | For the twelve months ended March 31, | | | 2026 | | 2025 | | Operating lease costs | | $ | 7,534 | | | $ | 7,797 | | | Operating sublease income | | 2,035 | | | 1,251 | | | Total leases costs, net | | $ | 5,499 | | | $ | 6,546 | |
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| Schedule of Future Minimum Payments under all Operating Leases |
The following table presents future minimum payments under all operating leases and subleases (including operating leases with a duration of one year or less and excluding ASC 840 leases related to restructuring plans) as of March 31, 2026 (dollars in thousands): | | | | | | | | | | | | | | | | | | | | | | Fiscal year: | | Operating lease payments | | Payments expected under noncancellable subleases | | Net operating lease payments | | 2027 | | $ | 9,901 | | | $ | (2,303) | | | 7,598 | | | 2028 | | 9,457 | | | (2,366) | | | 7,091 | | | 2029 | | 9,036 | | | (2,290) | | | 6,746 | | | 2030 | | 2,591 | | | (189) | | | 2,402 | | | 2031 | | 1,708 | | | — | | | 1,708 | | | Thereafter | | — | | | — | | | — | | | Total undiscounted lease payments | | 32,693 | | | (7,148) | | | 25,545 | | | Less: Interest and short-term leases | | 3,128 | | | (765) | | | 2,363 | | | Total discounted operating lease liabilities | | $ | 29,565 | | | $ | (6,383) | | | $ | 23,182 | |
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| Schedule of Future Minimum Payments under Sublease Income |
The following table presents future minimum payments under all operating leases and subleases (including operating leases with a duration of one year or less and excluding ASC 840 leases related to restructuring plans) as of March 31, 2026 (dollars in thousands): | | | | | | | | | | | | | | | | | | | | | | Fiscal year: | | Operating lease payments | | Payments expected under noncancellable subleases | | Net operating lease payments | | 2027 | | $ | 9,901 | | | $ | (2,303) | | | 7,598 | | | 2028 | | 9,457 | | | (2,366) | | | 7,091 | | | 2029 | | 9,036 | | | (2,290) | | | 6,746 | | | 2030 | | 2,591 | | | (189) | | | 2,402 | | | 2031 | | 1,708 | | | — | | | 1,708 | | | Thereafter | | — | | | — | | | — | | | Total undiscounted lease payments | | 32,693 | | | (7,148) | | | 25,545 | | | Less: Interest and short-term leases | | 3,128 | | | (765) | | | 2,363 | | | Total discounted operating lease liabilities | | $ | 29,565 | | | $ | (6,383) | | | $ | 23,182 | |
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